Kuwait City, Al Asimah, Kuwait
A highly motivated and results driven finance manager who has over 18 years of invaluable experience in leading and developing a successful finance team. Skilled in numerous financial and accounting fields, including: preparing annual budgets, monitoring key accounts and credit control. Having the ability to handle complex assignments effectively & possessing the confidence to work as part of a team or independently. I’m presently looking for a suitable opportunity position with a forward thinking company where I can excel, deliver & achieve my potential.
• Manage accounting operations including billing, A/P, A/R, general ledger and counsel, cost accounting, inventory accounting, revenue recognition, cash flow and debt collection • Coordinate the financial forecast and budget preparation and report the variances • Prepare and publish monthly financial statements, monthly and annual reports to analyze results, identify trends and forecast business results • Ensure accuracy in recording financial transactions and compliance with statutory law and federal regulations • Document business processes and accounting policies to strengthen internal control and streamline accounting systems and operations • Supervise and mentor the finance department staff and collaborated with the external staff to manage the audit process • Contribute to development of the company’s financial strategy and support decision-making in line with business objectives
• In charge of managing and supporting the ledger team. • Providing accurate financial information to colleagues and senior managers • Identifying areas for cost cutting and improvement. • Ensuring that all financial controls for the division are met and adhered to at all times. • Giving advice, guidance and support on all financial matter to the company directors. • Monthly closing (P&L, Balance sheet& Cash flow), analysis of financial statements and determination • of variances, analysis of expenses with comparing with budget to control on expenses. • Handling two companies with separate P&L and balance sheet. • Preparing final consolidated & standalone balance sheet for our subsidiaries co, • Prepare cost center for each part of the company or the production circle. • Preparing data base for production section if any. • Managing banks facilities very well. • Following Human resources system (Salaries, allowances, overtime, etc.) • Following Purchases dep, to avoid any missing data to get the right cost ) • Review on all provisions and depreciation determined and implementation Reporting direct to top management. • Find good solutions for accounting discrepancies. • Prepare feasibility study for any new project. • Recommend, develop and maintain financial databases, computer software systems • And manual filing systems. • Establish and maintain tendering process and conduct negotiations. • Conduct special studies to develop and establish standard hour and related cost data or To effect cost reduction. • Using Oracle & Sap Business one system
• Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions • Oversee financial department employees, including financial assistants and accountants • preparation, auditing, banking, investments, and other financial needs as necessary • Track the company’s financial status and performance to identify areas for potential improvement • Seek out methods for minimizing financial risk to the company • Research and analyze financial reports and market trends • Provide information and expectations to senior executives to aid in long-term and short-term decision making • Review financial data and prepare monthly and annual reports. • Present financial reports to board members, • Stay up to date with technological advances and accounting software to be used for financial purposes • Establish and maintain financial policies and procedures for the company.
• Auditing chart of Account, directory of supplier& customers. • Auditing item coding & grouping the products. • Auditing and calculate employee salaries • Auditing actual costs for the goods from different suppliers & control The exchange fluctuations of the currency. • Auditing estimates used by management for the purposes such as planning, Organizing & scheduling supplying. • Auditing estimates for use in selecting vendors from over the world. • Review material quality with help of sales team. • Set up cost monitoring and reporting systems & procedures. • Auditing all accounting Jv’s
• Handling Vendors Accounts • Checking Bank reconciliation • Review Central Safe Control • Handling Purchase Orders (local, foreign) • Custody Control (local purchase) • Costing finishing products • Raw material Store control • Finishing Goods store control • Prepare the necessary financial Reports • Sharing in the Balance sheet & other Statements
• Organize and arrange incoming accounting documents and records. • Record revenue and expenditure transactions in the books of accounts • Record financial transactions in General ledgers, Sub ledgers and in subsystems. • Reconcile the General ledgers and sub ledgers with Sub systems. • Reconcile Cash and Bankbooks. • Prepare and reviewing all the petty cash reimbursement from outlets as well as all other departments • Prepare the payments to suppliers, and verify the authenticity of the documents. • Maintain proper filing system • Preparatory work including audit schedule for Monthly and Annual accounts closing. • Perform other related duties as requested by Management